{"id":47936,"date":"2022-06-13T00:21:45","date_gmt":"2022-06-13T00:21:45","guid":{"rendered":"https:\/\/harchi90.com\/shareholders-in-gopro-nasdaq-gpro-have-lost-50-as-stock-drops-6-9-this-past-week\/"},"modified":"2022-06-13T00:21:45","modified_gmt":"2022-06-13T00:21:45","slug":"shareholders-in-gopro-nasdaq-gpro-have-lost-50-as-stock-drops-6-9-this-past-week","status":"publish","type":"post","link":"https:\/\/harchi90.com\/shareholders-in-gopro-nasdaq-gpro-have-lost-50-as-stock-drops-6-9-this-past-week\/","title":{"rendered":"Shareholders in GoPro (NASDAQ: GPRO) have lost 50%, as stock drops 6.9% this past week"},"content":{"rendered":"
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. For example, the GoPro, Inc.<\/strong> (NASDAQ: GPRO) share price is down 50% in the last year. That’s disappointing when you consider the market declined 16%. On the bright side, the stock is actually up<\/em> 10% in the last three years. The falls have accelerated recently, with the share price down 17% in the last three months. But this could be related to the weak market, which is down 7.8% in the same period. <\/p>\n Given the past week has been tough on shareholders, let’s investigate the fundamentals and see what we can learn. <\/p>\n Check out our latest analysis for GoPro <\/span><\/p>\n To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it’s a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. <\/p>\n During the last year GoPro grew its earnings per share, moving from a loss to a profit. <\/p>\n When a company has just transitioned to profitability, earnings per share growth is not always the best way to look at the share price action. So it makes sense to check out some other factors. <\/p>\n GoPro managed to grow revenue over the last year, which is usually a real positive. Since we can’t easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock. <\/p>\n You can see below how earnings and revenue have changed over time (discover the exact values \u200b\u200bby clicking on the image). <\/p>\n